Little Falls transcript. [volume] (Little Falls, Morrison County, Minn.) 1876-1894, 1887-12-02
The PhIlol,ss.:e,l,p ., pisy Of i:oo,1aas,

From the Eiipeffer Inter- Ocean.
s8.sA Is, oorn prop = issa mum Der of logs Or
timbers tied toget ther and flung acrot,s i
river or branch fer the purpose of gafissss
erfng and Holding floating logs. Is q.
familiar term III old lnltlbering rel eeions,s
hut was unknoHn n until recent years In
other sections Of the country. From be !:
ing ID term descriptive OF q particular
.pilase ofa particular line Of business il
has in some manner become generic,
and isnow applied indiscriminaleiy in
an altosether different line Of life. It's,
mostsignifealli meaning now is ms :ap.s
piled IL, a rise in values or prices with,
an attendant following .ofspurchasers::
.anduntil recently has been largely giv-S.
.enIover to indicate the sudden rise in
real estate values. 1t probablylgot its
first application in this direction in the
Northwest, where the priirie towns adj
join the lumber regions, and lumberme
were frequently owners of large inter
ests in village and city property, which
they were intent on selling to incoming
tenaerfoots.z ~
When tile owner Of a Dakota. .townsite
had kraaled enough men with money TO
take the town or a portion OF his hands
at a rattling big profit, he was said to
have ''boomtG' it--tbat is, he had Sc
cured his logs, his tt'suckers." +" his tender
fooots, his purchasers: From,
meaning actual sales, the term
came to mean putting upon the market
in attractive orm,-lithosrapllic maps,
columns in the great dailics, starting a
local paper and offering a bonus TO a
mill man to locate, This was called
"boo,ning" a town. r. .4g5- ~. ~. ~ =, i
OF late the phrase has gathered a
more solid and substantial meaning
Capitalists and others are no longer at
stracted by the possibility of finding
suckers to come after them and pay
them profit on values that are "all in
the,air," ," sol to speak, being altogether
dependent on a contingent rush of pop
ulation to place which has no special
advantages or means for decentty sup
porting many people. They must have
something substantial in the way OF
city building in oraerto invite tlleir CON
fidence. Employment is the principal
issue. How many men does or can the
place work? How many mouths are
there to feed, how many bodies to
clotlse, how many families to house,
how many business houses will be able
to get q legitimate. support? So that it
has come to be true to day, that "hoon-
ing town" means building city. Not
selling corner Tots nor inside lots: not
advertising tue merits OF the place in
the cure-all style. But securing addi-
tions to its business world. Organizing
manufacturing and railroad COMPANIES,
inducing men to build fine business
men to build fine business houses, and
establishing different lines OF important
industries. Making tt town grow, is now
booming town. And this is the only
legitimate modern use oi the phrase
among intelligent people. lgnoram,,ses
will never know any other meaning to
the term thanan advance in the price
of rea! estate. But the teru, his out
grown such & circumscribed meaning,
and is now applet to Il building
BOOM ;t ''manuIaeturing boom," q
'railruad boom" such rs We are having
in Superior. . .~.>
Lei such a boom come-the quicker
the better, say we, in all its plenitude: